Boise Cascad Llc (BCC)
Financial leverage ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,458,650 | 3,642,430 | 3,476,390 | 3,362,190 | 3,240,510 | 3,348,530 | 3,135,170 | 3,105,930 | 2,572,640 | 2,588,360 | 2,647,440 | 2,278,740 | 1,965,720 | 2,059,840 | 1,841,080 | 1,755,370 | 1,693,350 | 1,785,920 | 1,732,810 | 1,687,050 |
| Total stockholders’ equity | US$ in thousands | 2,195,660 | 2,307,600 | 2,168,520 | 2,144,520 | 2,057,980 | 1,983,070 | 1,764,980 | 1,648,690 | 1,352,620 | 1,305,600 | 1,215,710 | 995,261 | 850,799 | 778,136 | 739,708 | 708,271 | 701,330 | 731,566 | 705,021 | 679,017 |
| Financial leverage ratio | 1.58 | 1.58 | 1.60 | 1.57 | 1.57 | 1.69 | 1.78 | 1.88 | 1.90 | 1.98 | 2.18 | 2.29 | 2.31 | 2.65 | 2.49 | 2.48 | 2.41 | 2.44 | 2.46 | 2.48 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,458,650K ÷ $2,195,660K
= 1.58
Boise Cascade Co's financial leverage ratio has displayed some fluctuations over the past eight quarters. The ratio remained relatively stable around 1.57 to 1.58 in the first three quarters of 2023, suggesting a moderate level of financial leverage. However, there was a slight increase to 1.60 in Q2 2023.
Comparing to the same quarters in 2022, the financial leverage ratio has shown an upward trend. In Q1 2022, the ratio was 1.88, indicating a higher level of financial leverage compared to the recent quarters. The ratio decreased gradually in subsequent quarters but remained higher than the levels observed in 2023.
The fluctuations in Boise Cascade Co's financial leverage ratio may indicate changes in the company's debt levels and capital structure over the analyzed period. It would be crucial to further investigate the reasons behind these fluctuations and assess the potential implications for the company's financial health and risk profile.
Peer comparison
Dec 31, 2023